Business, 20.09.2020 16:01 VgCarlos3787
On July 1, 2021, an interest payment date, $149000 of Bonita Industries bonds were converted into 2970 shares of Bonita Industries common stock each having a par value of $45 and a market value of $56. There is $6600 unamortized discount on the bonds. Using the book value method, Bonita would record:
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On July 1, 2021, an interest payment date, $149000 of Bonita Industries bonds were converted into 29...
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